hammered, page-8

People are probably concerned about what will be reported on the 24th November. I have to say that Im surprised that this company has been smashed down to these levels. ALS is a global business and I wouldn't be surprised to see a major competitor launch a takeover bid if the market capitalization of ALS continues to head Southwards. Companies like ALS with its global focus could provide a good opportunity for a competitor. Personally I would be sad if it happened because Australia would lose another global business. Anyway all of the above is just my speculation. If the price continues to fall further then I would seriously have to look at topping up.